RBI Announces Introduction of Auto-Bidding Facility in Retail Direct for T-Bills
Statement on Developmental and Regulatory Policies – Key Highlights The Reserve Bank of India (RBI), in its latest Statement on Developmental and Regulatory Policies, has announced the *introduction of auto-bidding facilities in the RBI Retail Direct portal* for *investment and re-investment in Treasury Bills (T-bills)*. Automated bidding, also known as programmatic bidding is a strategy…
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REPO rate: Decisions of the Monetary Policy Committee (MPC)
The Monetary Policy Committee (MPC) convened on August 4th, 5th, and 6th to deliberate on the prevailing macroeconomic and financial conditions and to decide on the policy repo rate. Following a comprehensive assessment of the evolving economic landscape and future outlook, the MPC unanimously voted to maintain the status quo on key policy rates. Accordingly:…
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Forecasting & Decision Making: Tools for Effective Management
Forecasting and decision-making are interrelated processes that play a vital role in effective management across sectors such as business, finance, and government. While forecasting involves anticipating future events or trends based on analysis of historical and current data, decision-making entails choosing the most suitable course of action from available alternatives to achieve specific objectives. The…
Read article Contingency Planning: A Proactive Approach to Risk Management
Contingency planning is a proactive strategy designed to prepare organizations for unexpected events by developing alternative courses of action. It involves systematically identifying potential risks, assessing their possible impacts, and formulating detailed plans to mitigate or respond to those risks should they materialize. Effective contingency planning enhances an organization’s ability to respond to disruptions efficiently,…
Read article Core Components of a Plan
A comprehensive plan—whether for a project, business initiative, or personal goal—serves as a roadmap to achieve desired outcomes. It integrates several essential components that collectively ensure clarity, coordination, and control throughout the planning and execution process. Key Components of a Plan 1. Objectives Clearly defined goals that articulate *what* needs to be achieved and…
Management by Objectives (MBO): A Strategic Framework for Performance Alignment
Management by Objectives (MBO) is a strategic management approach wherein managers and employees work collaboratively to define, monitor, and achieve specific and measurable objectives. This methodology emphasizes aligning individual goals with the overarching objectives of the organization to enhance overall performance and cultivate a sense of ownership and accountability among employees. Core Principles of Management…
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